15456 W MORNING GLORY Street, Goodyear, AZ 85338 (MLS# 6967518)

15456 W MORNING GLORY Street, Goodyear, AZ 85338

$800,000

Cozy shared bedroom with vintage details

Virtual Tour

https://tours.arizonarealtours.com/2367574?idx=1

Mediterranean-style home with green lawn

Modern bathroom with glass and wood acce

Warm kitchen workspace with lovely cabin

Backyard with pebbled landscaping and wa

Property Type: Multiple Dwellings Status: Active

Current Price: $800,000 Last Modified: 4/09/2026

Overview

Description

7.50% Cap Rate on Stabilized Assisted Living Investment Proven 3-Year Operator Just Renewed for 5 More Years $61,883 NOI Operating Income $67,200 Gross Annual Income with Escalations Through 2030 NN Lease Structure - Owner Pays Only Taxes, Insurance & $50 HOA Tenant Paid January, February & March 2026 Built-In Rent Increases Locked Through 2030 Low Expense Ratio - Strong Yield Profile Growing Goodyear Senior Housing Demand

Supplements: EXECUTIVE SUMMARY 7.50% Cap Rate | NN Leased Residential Investment | 5-Year Lease This offering consists of a single-family residence leased to an established care operator under a long-term lease structure. The property is being offered as a real estate investment only. The operating business, license, and care operations are not included in the ... (Read more)

Listing Details MLS# 6967518

Location, Tax & Legal

House Number: 15456
Compass: W
Street Name: MORNING GLORY
St Suffix: Street
City/Town Code: Goodyear
State/Province: AZ
Zip Code: 85338
Zip4: 6907
County Code: Maricopa
Subdivision: CENTERRA
Assessor Number: 500-04-655
Tax Year: 2025
Assessor's Map #: 4
Legal Description (Abbrev): LOT 393 CENTERRA MCR
Assessor's Parcel #: 655
Add'l Parcels: No
Tax Municipality: Goodyear
Census Tract: 61022
Taxes: 1924
Legal: LOT 393 CENTERRA MCR
Marketing Name: NN Leased MF

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: n/a
Year Built: 2005
Total # of Units: 6
# of Buildings: Yes
Zoning: residential
Elementary School District: Avondale Elementary District
High School District: Agua Fria Union High School District
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: Estrella Parkway/Van Buren St

Legal Info

Township: 1N
Range: 1W
Section: 8
Lot Number: 393

Income Expenses

Gross Annual Sch Inc: 67200
Net Operating Income: 61883

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

Project Type

5 - 12 Units: Yes
Other (See Remarks): Yes

Other Type

Other (See Remarks): Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Tile: Yes

Floors

Vinyl: Yes
Ceramic Tile: Yes

Sale Includes

Land & Building: Yes
Personal Property: Yes

Income & Expenses

Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 2793
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 600
Annual Other Expense: 0
Operating Exp: 5317
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 67200
Total Monthly Rental Income: 5600

Pmt & Rate Info

Cap Rate: 7.5
Equity: 825000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

Play Area: Yes
Other: Yes

Heating

Heat Pump: Yes
Individual: Yes

Cooling

Ceiling Fan(s): Yes
Heat Pump: Yes

Exterior Amenities

Landscape Water System: Yes
Green Landscaping: Yes
Desert Landscaping: Yes
Fenced: Yes
Curb(s) & Gutter(s): Yes
Cable TV Available: Yes
Sidewalk(s): Yes
Patio/Balcony: Yes
Security Light(s): Yes

Interior Features

Fire/Smoke Alarm(s): Yes
Mini Blinds: Yes
Breakfast Bar: Yes

Tenant Pays

Gas: Yes
Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes
Landscaping: Yes
Other (See Remarks): Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
W/D Hookup: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes
Master Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage: Yes
Paved: Yes
Garage Door Opener: Yes
Attached Garage: Yes

Electric

APS: Yes
Master Meter: Yes

Gas

SW Gas: Yes
Master Meter: Yes

Owner Pays

None: Yes
See Remarks: Yes

New Financing

Cash: Yes
Conventional: Yes
No Carry: Yes
Other (See Remarks): Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes
APOD/Backup Avaible: Yes
Sch of Personal Prop: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: 5 - 12 Units; Other (See Remarks) Other Type: Other (See Remarks) Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Vinyl; Ceramic Tile Sale Includes: Land & Building; Personal Property Community Features: Play Area; Other Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Fenced; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Patio/Balcony; Security Light(s) Interior Features: Fire/Smoke Alarm(s); Mini Blinds; Breakfast Bar Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Heating: Individual; Heat Pump Cooling: Ceiling Fan(s); Heat Pump Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Master Meter Gas: SW Gas; Master Meter Parking Features: Garage; Garage Door Opener; Paved; Attached Garage Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: None; See Remarks Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping; Other (See Remarks) Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Cash; Conventional; No Carry; Other (See Remarks) Environmental: None

Listing Office: Gerchick Real Estate

Last Updated: April - 09 - 2026